The incident took place this Monday, when the aircraft was in over the Iran-Pakistan airspace, and was 2.45 hours away from its destination, an airline source said on Wednesday.
While sources in Iran confirmed the dispute, officials of the central banks of both countries are set to meet on Friday.
India features in the list of top 10 exporters to the UAE in November, 2010, with a total value of $6.9 billion (25.4 billion dirhams), or 63 per cent of UAE imports, the country's Federal Customs Authority (FCA) has said.
Myanmar is working on a nuclear weapons programme, a media report has said, citing expert opinion on leaked photographs.Fears that the country's military junta had joined a clandestine nuclear network linking North Korea, Iran, Pakistan and Syria have been growing for some time, but there has been no hard evidence until now.Now, secret documents and hundreds of photographs smuggled out of Myanmar by a defector indicated that it was intent on developing nuclear weapons.
A day after sealing final pacts with Iran on a long-talked gas pipeline, Pakistan on Monday said it will welcome India joining the project and will guarantee safe delivery of the fuel.
With New Delhi boycotting formal talks for almost three years, Iran and Pakistan this month signed last of a series of agreements for implementing the project on bilateral basis.
Petroleum Minister Murli Deora met Iran's Deputy Minister for International Affairs H Noghrehkar Shirazi on the sidelines of the 12th International Energy Forum here to propose bilateral talks in May.
India maintains that it wants to be part of the project but cannot go ahead till its concerns with regard to security and issues related to pricing of gas are addressed.
Iran and Pakistan recently signed an export deal that commits Tehran to selling natural gas to Islamabad from 2014.
After a two-year lull, India has proposed to resume talks with Iran on importing gas through a pipeline passing through Pakistan, but the Persian Gulf state wants the meeting to happen in Tehran.
Pakistan's demand for gas stands at 8 billion cubic feet while the current production is 4 billion cubic feet.
Replaying to a question in the Rajya Sabha on Monday, Deora said there are some outstanding issues including finalization of the gas price with Iran.
The Indian government, said a senior official, wishes to take talks forward on the $7 billion Iran-Pakistan-India gas pipeline project.
Opposing India's continued interest in the Iran-Pakistan gas pipeline project, an influential US lawmaker Gary Ackerman wants New Delhi to do more than "just implement the United Nations approved sanctions" to "isolate" Tehran on its nuclear programme.
In a new twist to negotiations on the much-delayed Iran-Pakistan-India pipeline, Tehran wants legal immunity in case of armed conflict disrupting natural gas supplies through the proposed line.
Petroleum Minister Murli Deora after a meeting with his Iranian counterpart Gholam Hosein Nozari for talks on the $7.5 billion Iran-Pakistan-India pipeline project said there were 'some minor problems' which have been sorted out.
"The Iran-Pakistan-India gas pipeline project is one of the most important economic projects in the region, which will bring extensive benefits for the three countries," Ambassador Mashallah Shakeri said. Pointing out that the measures taken by Pakistan and Iran showed their "firm will" for executing the project, Shakeri told a local news agency that the bilateral agreement between the two countries will be finalised by January 25.
The move apparently has been triggered by the drastic fall in international crude oil prices which have dived from $147 a barrel in August 2008 to below $40 now. In the old formula, taking crude price at $60 per barrel, the cost of gas at Iran-Pakistan border translated into $4.93 per mBtu. But according to the new formula, gas price will shoot up to $5.9 per mBtu although crude prices have crashed below $40 a barrel.
India on Monday said it will meet Pakistan next week to resolve issues, such as transit fee, impeding progress on the over $7 billion Iran-Pakistan-India gas pipeline project, even as it gets formally inducted in a rival line from Turkmenistan.
India is keen to partner the proposed multi-billion Iran-Pakistan-India (IPI) gas pipeline project and has promised to resist "all external pressures on the issue", Iranian oil minister Gholam Hossein Nozari said.India's petroleum minister Murli Deora is set to arrive in Pakistan on April 21 to hold talks on transit fee to be paid to Islamabad on the $7 billion IPI project.
The US wants India to be converted into a military base to facilitate refuelling for its planes and recreation for the soldiers engaged in the Iraq war, Communist Party of India-Marxist politburo member and Rajya Sabha MP Brinda Karat said.
India will host the next meeting on the 1,680-km gas pipeline, planned from Turkmenistan through Afghanistan and Pakistan to India, in October even as it has asked Tehran to call a trilateral meeting to finalise the rival Iran-Pakistan-India gas line.
India on Friday expressed confidence that the work on the proposed $7-billion Iran-Pakistan-India gas pipeline project would start by March next year as it is hopeful of finalising a transit fee agreement with Islamabad before that. India is confident of starting the 2775 km long IPI project by end of March 2008, M S Srinivasan, secretary, ministry of petroleum and natural gas, told reporters in Coimbatore.
GAIL has already been appointed as the nodal agency for the pipeline in India.
Pakistan says it will go with the Iran-Pakistan-India gas pipeline despite skepticism over the project from the United States.
India has missed yet another meeting on the Iran-Pakistan-India gas pipeline last weekend as officials from Iran and Pakistan met in Teheran to discuss the revised project cost and a new pricing formula.
Iranian President Mahmoud Ahmadinejad may have used a mix of charm and roguish coercion to let India know that he expected the Iran-Pakistan-India gas pipeline proposal to become a reality in 45 days. But India is in no hurry to take a decision, a top Cabinet minister in the United Progressive Alliance government said. The volatile political environment in Iran and Pakistan has as much weightage now and the UPA government is becoming more reluctant.
Trilateral talks between India, Iran and Pakistan to discuss the project and framework agreement of their $7 billion transnational pipeline project would be held in Tehran next week.
India and Pakistan will soon finalise the bilateral tariff and transit fee issues for the $7 billion Iran-Pakistan-India (IPI) gas pipeline project. Technical teams of both countries will meet in Islamabad during April 16-18 to firm up recommendations to be discussed by the petroleum ministers of Pakistan and India at their meeting in Islamabad on April 23.
Pakistan and Iran have finalised a gas purchase agreement while India is yet to complete modalities for joining the project mainly due to differences with Pakistan over the transit fee to be paid for the gas transported through Pakistani territory. Iran had been asked by Pakistan earlier this month to finalise the Iran-Pakistan-India pipeline project by April because of its rising gas requirements. Iran said it was holding final talks with India to persuade it to join.
Clearing the decks for the $7-billion Iran-Pakistan-India (IPI) gas pipeline project, the Pakistan government on Tuesday approved the gas sharing arrangement with New Delhi.
Projects worth over $20 billion, ranging from the decade-long Iran-Pakistan-India gas pipeline to various oil and gas exploration and production projects, are being re-considered, said officials in the Union Ministry of Petroleum and Natural Gas.
Iran on Tuesday denied existence of any contract for export of liquefied natural gas to India while stating that it cannot wait endlessly for New Delhi to join the Iran-Pakistan-India gas pipeline project.
India and Pakistan today began final round of discussions to resolve differences on the 7.4-billion dollar Iran-Pakistan-India gas pipeline before the three nations sign a deal next month.
Pakistan will go ahead with the multi-billion-dollar pipeline Iran-Pakistan-India project to carry Iranian gas even if India decides not to join it, President Pervez Musharraf has said.
Leaders of the Shanghai Cooperation Organisation gathered for their 5th summit in Shanghai
Stating that Pakistan can serve as a 'hub of economic activity' in the region by developing energy corridors, President Pervez Musharraf has offered to extend the proposed multi-billion-dollar Iran-Pakistan-India gas pipeline to China.\n\n
The directive from 'above' has come to the petroleum ministry on the eve of the departure of the Indian delegation to Tehran for a decisive last round of the trilateral negotiations scheduled to be held there later this week.
Iran may put the $22 billion deal to sell liquefied natural gas to India on the backburner as New Delhi refuses to re-open the contract sealed two years ago, according to an assessment by the petroleum ministry.
Petroleum Minister Murli Deora would visit Pakistan early next month to sort out differences over transit fee for the $7 billion Iran-Pakistan-India gas pipeline.
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